• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Monday, March 2, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Treasury Secretary Scott Bessent says Trump’s Greenland push is about avoiding a ‘hot war’

January 19, 2026
in donald-trump, Economy, european-union, geopolitics, greenland, News, Politics, scott-bessent, tariffs
Treasury Secretary Scott Bessent says Trump's Greenland push is about avoiding a 'hot war'
Share on FacebookShare on TwitterWhatsapp
Treasury Secretary Scott Bessent is a key figure in US-China trade talks.

Pete Marovich/Getty Images

  • Treasury Secretary Scott Bessent said US control of Greenland is a strategic move to avoid conflict.
  • Trump said Saturday he would impose tariffs on Denmark and Europe until they hand over Greenland.
  • European Union leaders condemned the new tariffs on Sunday, calling them economic blackmail.

Treasury Secretary Scott Bessent says President Donald Trump is serious about annexing Greenland.

Trump amped up the rhetoric on Saturday, announcing on Truth Social that the United States would impose new tariffs on Denmark, which controls Greenland, and other European countries unless they hand Greenland over.

Speaking to Kristen Welker on NBC News' "Meet the Press" on Sunday, Bessent said Trump's push to take over Greenland was not an empty land grab but a strategy to prevent future conflict.

"The national emergency is avoiding a national emergency," Bessent said. "It is a strategic decision by the president. This is a geopolitical decision, and he's able to use the economic might of the US to avoid a hot war, so why wouldn't we do that?"

Greenland is strategically located in the Arctic, acting as a buffer between North America and Russia. It is also home to minerals important to the manufacturing of future technologies.

Trump has recently said that at least part of his reasoning for wanting to annex Greenland is so it can house his Golden Dome missile defense project.

"The president is trying to avoid a conflict," Bessent said.

That project remains in early planning stages, however, and Denmark has never said it wouldn't allow Golden Dome infrastructure on its territory. The United States already has a military base in Greenland.

The spectre that the United States — recently emboldened by its surprise raid on Venezuela that netted its leader, Nicolás Maduro, allowing it to move to open the country's oil industry — could force Europe's hand by targeting its economy or even take Greenland by force, has rankled US allies across the Atlantic.

European Union leaders held an emergency meeting on Sunday, during which they called Trump's tariff threat economic blackmail.

"Tariff threats undermine transatlantic relations and risk a dangerous downward spiral," the eight EU nations targeted by Trump said in a joint statement released on Sunday.

Read the original article on Business Insider
Share15Tweet10Send
Previous Post

At least 6, including women and children, killed as gunmen open ‘indiscriminate fire’ in KP’s Karak: officials

Next Post

‘There is No Information’: Families Search for Loved Ones After Gul Plaza Fire

Related Posts

What US companies are telling their Middle East-based employees during the Iran conflict
iran

What US companies are telling their Middle East-based employees during the Iran conflict

March 2, 2026
Netflix says it bailed on WBD because of money, not Donald Trump
antitrust

Netflix says it bailed on WBD because of money, not Donald Trump

March 2, 2026
Claude hits No. 1 on App Store as ChatGPT users defect in show of support for Anthropic's Pentagon stance
anthropic

Claude hits No. 1 on App Store as ChatGPT users defect in show of support for Anthropic’s Pentagon stance

March 1, 2026
CEO Jack Dorsey issues a dire warning about AI's impact as he cuts Block by almost half
AI

CEO Jack Dorsey issues a dire warning about AI’s impact as he cuts Block by almost half

February 27, 2026
The CEO of the World Economic Forum is stepping down after a review of his Epstein ties
davos-2026

The CEO of the World Economic Forum is stepping down after a review of his Epstein ties

February 26, 2026
Trump wants Big Tech to build its own power plants. That's already starting to happen.
AI

Trump wants Big Tech to build its own power plants. That’s already starting to happen.

February 26, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.